Wednesday, February 21, 2018

Happy the dollar loses market share

WASHINGTON, Feb 21 (Reuters) - The Federal Reserve's rate-setting committee showed more confidence in the need to keep raising interest rates at its last policy meeting, with most believing that inflation would perk up.

Inflation is fewer transactions chasing the same dollar index space.  

In this case, trade rebalancing is occuring,the dollar generally dropping in share, domestic rices rising.

How far will it drop?

No far if we convincingly kick that 82 yard field goal,  and we are still on target, mostly. But we are likely to miss the kick and it s QE time in the old own tonight. 

Then the discussion becomes, go full sandbox with the fiats?  Ripple is quite popular in introducing the fiaters, and the word spreads.  We might get the large fiaters taking the dive in the next few years.

No comments: